November 21, 2011 - This morning, President Obama signed the "VOW to Hire Heroes Act" into law, telling those in attendance:
Back in September, I sent Congress a jobs bill. And in it, I proposed a tax credit for any business that hires a veteran who’s been unemployed for at least four weeks. I proposed an even bigger tax break if a business hires a veteran who’s been unemployed for at least six months. And if a business hires an unemployed veteran with a disability related to their service, I proposed doubling the tax break that we already have in place.
Today, because Democrats and Republicans came together, I’m proud to sign those proposals into law. And I urge every business owner out there who’s hiring to hire a veteran right away.
The is just one of the intiatives the President has enacted in order to ensure that the country fulfills its obligation to our servicemembers and their families. read more>>>
November 21, 2011 - More than 1 million service members will return to civilian jobs as the wars in Afghanistan and Iraq wind down. Despite the fact these veterans have unique skills and experiences that make them excellent hires for any civilian business, their unemployment rate tops 12 percent.
President Obama believes that no veteran who fought for our country should have to fight for a job once they come home, and is working hard to help our nation’s heroes get back to work. Today, he signed two tax credits that encourage business to hire veterans. In addition to the 120,000 veterans hired by the federal government, he challenged the private sector to train or hire 100,000 veterans and military spouses. His Administration launched a host of online tools to help veterans in their job search, including a job bank with more than 500,000 listings for positions at companies looking to hire returning service members.
We’ve talked to a number of veterans who have experienced the difficulty of finding a job after returning to civilian life. Find their story below and click to read more. read more>>>
November 21, 2011 - We have all heard about the compelling attributes my fellow service members bring to the table when they look for jobs as they transition out of the military – leadership experience, goal-oriented, can-do attitude, great work ethic, etc. Yet we have also heard about the disturbing unemployment statistics for today’s youngest veterans – those in the 24-36 age group. How can this be true, and what is this Administration doing about it?
Unfortunately, our youngest veterans are entering the private workforce at a very challenging time. Many of them are likely to be employed in industries such as construction, manufacturing and transportation, which have all struggled in the last few years. Further, many of these vets come from and return to rural parts of the country, and do not have the benefit of a college degree. Another critical issue is that there currently does not exist a truly effective and cohesive transition assistance program for them. And on top of all that, a staggering number of our returning service members suffer from behavioral health issues, including Post Traumatic Stress, but these issues are not being adequately addressed. The unemployment of today’s young vets is very complicated and cannot be considered in a vacuum. read more>>>
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